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gold, London and New York
UK faces gold shortage as traders send $82B to New York in anticipation of Trump tariffs
People can’t get their hands on gold because so much has been shipped to New York, and the rest is stuck in the queue,” one industry executive was quoted as saying.
Trump tariff concerns drive gold rush to New York, draining London reserves: Report
The minimum waiting time to load gold out of the Bank of England, which stores gold for central banks, has reached four weeks, one of the sources said. In normal times, the release time is a few days or a week.
Gold stockpiling in New York leads to London shortage
A surge in gold shipments to the US has led to a shortage of bullion in London, as traders amass an $82bn stockpile in New York over fears of Trump administration tariffs.
Gold prices rise as investors remain worried over potential Trump tariffs
Gold prices rose on Thursday as investors worried about potential import tariffs from US President Donald Trump, while investors awaited a key inflation report to gauge the Federal Reserve's policy path. Spot gold was up 0.7 per cent at $2,777.55 per ounce, as of 1227 GMT. US gold futures climbed 0.9 per cent to $2,794.
16h
London gold market queues up to borrow central bank gold after big shipments to US, sources say
London bullion market players are racing to borrow gold from central banks, which store bullion in London, following a surge ...
11h
Heathrow's third runway and London 'gold shortage'
The Daily Telegraph says Heathrow's third runway will not be ready until 2050, according to Ryanair CEO Michael O'Leary. The ...
4h
on MSN
Gold prices skyrocket, rush begins to borrow reserve asset. Here's what buyers may want to know
Gold rates have gone up as investors have apprehensions over probable tariff-related decision from US President Donald Trump.
1d
London bullion association launches digital database for gold bars
The London Bullion Market Association has launched a digital database for gold bars to improve transparency in the precious ...
Money Metals Exchange
2d
SCOOP: China Continues Making Covert Gold Purchases in London
While the gold space is obsessed over the gold streaming from London to New York due to the tariff threat, having no net ...
1d
Gold Market Launches Ledger To Track Bars From Refiner to Vault
The gold market has launched a digital database to track bullion and keep precious metal from illicit sources out of the ...
1h
on MSN
Stocks rise as 'Magnificent Seven' earnings land; gold nears record
Wall Street shares rallied on Thursday, as investors cheered earnings from Meta, but shunned Microsoft, while the dollar dipped, further boosting gold prices. The Federal Reserve held rates steady on ...
londonlovesbusiness.com
1d
Gold prices flatline as markets await Fed decision, Trump’s tariffs fuel uncertainty
Learn about the impact of Federal Reserve's policy meeting and Trump's tariffs on gold prices. Stay ahead of the market with ...
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